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. >>> fueled by a weaker yen and strong sales of cameras in the u.s. >>> and shares in virgin media rally after an offer for a takeover that could value the uk cable operator at $20 billion. >> all right. welcome to tuesday. >> it's get together tuesday. coordinated, as well. >> the final print for the eurozone is finally come in, 48.6, a little better than the forecast of 48.2. >> may i just say, though, the employment index, look at that, 46.1, which is just barely better than the flash estimate but still the lowest since december 2009. on a downward trajectory. it's not germany where the final composite was 54.4. it's the periphery still. france's final january pmi falls to 46.1. >> france is where the concern is. we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that'
now!" >> i think it is a vital tool. i have been intimately involved with the condition u.s government has been involved in and i consider without a doubt it has been very successful as far as producing intelligence. >> as counter-terrorism czar john brennan heads to capitol today for his confirmation hearing to head the cia, we will look at his role in the government's secretive post-9/11 rendition program. we will speak with amrit sing, author of the new report, "globalizing torture: cia secret detention and extraordinary rendition." >> the american public needs to know what its government did. grabbing people off the street, flying them to secret cia prisons to be locked up, shut out, held in detention and subjected to interrogation, and many instances that amounted to torture. >> then radio ambulante and the power of radio. >> we begin at the world's busiest border crossing in tijuana. it is rush hour and a mass exodus into the u.s., each with a particular mission and a baggage to prove it. summer caring suitcases, others carrying school books. >> an spanish-language radio program
joins us again this morning. steve, we actually finally start the meetings today. we've had comments out from the russian finance minister, as well. what's he saying? >> well, he's trying to get us back on track on to a growth agenda, which when you look back at what the agenda was a couple of meetings ago back in toronto in 2010, that was sorely missing. that was about harboring deficits and having firm targets. it hasn't really worked, has it? what they've said is our growth estimates were slightly optimistic. listening to what some of the policymakers are saying this time around, the likes of mario draghi, i'm scratching my head a little bit. there's some uncontentious stuff. i can live with that. range of financial market indicators showing situation normalizing. but what about this bit? currency chatter is inappropriate, fruitless and self-defeating. hang on a second, mr. draghi. it wasn't us, the journalists that started this. it was policymakers. it was the g- 7. it's incestble we're going to start rumbling about this. i can't help but thinking mr. draghi is missing the point here
of this kind of imminent threat, it requires me being off u.s. soil. >> right. there's a big distinction here, that's important to talk about. this memo only applies in situations where an american citizen is in a combat area. not even -- they can't do it in the streets of london. the memo talks about in a place that is essentially a war zone. >> but we don't have a declared war against these places. >> we do have authorization of use of military force against al qaeda. that's -- >> the zones. >> those are the areas. you know, yemen, afghanistan, formerly iraq, that's where we use those powers. but you talk about your phone calls, you have a -- they need a warrant to listen to your phone calls in the united states. but if you call yemen, they don't need a warrant. >> they can listen. what about mali, is that considered to be a place where, if you're planning an attack against me and you're safe, from i don't know, poughkeepsie, they can take you out there? >> the memo doesn't deal with na directly but you can bet the answer is yes. mali -- anywhere where we think al qaeda mig
. >>> and it is something, nof course a lot of us worry about when we travel. are we going to be safe. for us women it's a concern. the allegations of a gang of armed men raped six spanish women visiting the resort city of acalpulco. elizabeth is in l.a. what do we know about what happened, first of all? then we'll get the reaction from the mayor. >> hi, suzanne. a horrifying attack, as you described it, what we know at this point, according to local media reports, six spanish women raped inside a condo staying near the beach resort and seven men tied up with cell phone cables. now, as you mentioned, the mayor just reacted, saying that this is definitely horrifying, condemned the attack, but said it's something that could happen anywhere in the world. we also know that the spanish ambassador is in contact with the victims. at this hour they're not specifying exactly where they are but they have told us they have received medical attention and taking care of them, as we speak. but certainly horrifying details, these tourists reportedly staying at a condo, no motive why the attack. of course the hunt, t
use only might accumulated leave time for this birth, and i made arrangements to have the child adopted at birth. pregnancy was immoral and administrative grounds for discharge, and that was that. so susan was sent back to the west coast where she was represented by the aclu of the state of washington. they managed to stay or discard -- to stay for discharge month by month. she lost in district court. she lost in the ninth circuit, but with an excellent defense. [laughter] the supreme court took her case, and they then -- and then the solicitor general been the dean of the first law school i attended, he saw a real damage potential for the government in susan's case. so he convened the military brass and he said, that rule about pregnancy being an automatic grounds for discharge, that's not right for our time. you should immediately wave the captain's discharge and then change the regulation. for the future. and that's what happened. now, the law students know what that meant for our case. the government had given susan everything she was asking for, so the government then immed
and around tax time i get very upset when i'm being questioned in a very inhumane way. so if i use many drivers license, i'm okay. when i pop a sierra leone passport, all of a sudden big problem. i'm the same guy, same people at the same area. it's almost like there's no human interaction at all. and if you try valid information from people for security reasons, you can actually get more than if you're inhumane to them. so it's always quite fascinating to see what the reaction is. every time i enter, i came back from geneva that every time i come back ims questions, but i find the questions incredibly funny. one of them was that i just arrived in the guy asked me, so where were you? is a geneva. he said how long? at the two, days. why reengineered a short time? i only had a few days to do my work. why? i don't know, this is how it was. while you're traveling with a small but? because i was gone for two, three days. but through my backpack and when you travel so many places? because of my work. eventually i say is that there were 10 years, it was like where? would be done in the question
everywhere. that is what john sibley has seen in hattiesburg. he jones us on the telephone. i'm here with our meteorologist chad myers. tell us what you saw. >> reporter: i picked up the tornado out of marion county, mississippi. there was initial report that came out of their emergency management agency that a tornado had indeed touched down and struck several homes, injuring several people. from there, i was able to pick it up about 10 miles to the west of hattiesburg. the storm was larger on the western side of the interstate than the eastern side. we've been able to go through and look at our video. now, the folks in west hattiesburg, i didn't hear sirens over there, but as we moved toward the college campus. the sirens were loud and proud. also want to give a shout out to the local fire department. as the tornado was paralleling highway # 8 and moving into the city. they were out there blocking traffic to keep folks from driving into the tornado as well as police out on the interstate. they had the interstate blocked for a time. >> chad myers, just amazing video we're watching here. what
everywhere. that's what this storm chaser has seen in hattiesburg. he's joning us on the telephone. john, i am here as well with our meteorologist chad myers. tell us what you saw. >> good evening, breanna. i originally picked up the tornado as it met out of marion county, mississippi. there was an initial report that came out of their emergency management that the tornado had struck several homes and people. from there i was able to pick it up about ten miles to the west of hattiesburg and tracked it into town. the tornado itself on the west side of the interstate was indeed larger than the eastern side of the interstate. we've been able to go back and look at our video in the last couple of hours since the tornado moved through at about 5:10 p.m. central time. i didn't hear sirens over there but as we moved into the downtown area towards the college campus, those sirens were loud and proud. i also want to give a shout out to the local fire department. as the tornado was paralleling highway 98 and moving into the city, they were out there blocking traffic to keep folks from driving into th
will use super bowl sunday to talk about government regulations when it comes to the issue of steroids or head injuries. the phone lines are open. let's begin with a look at some of the headlines courtesy of the museum. from "the san francisco chronicle" -- from "the baltimore sun" -- let's turn to the politics and policy behind the nfl. this is a story a few days ago from "the washington post." outlining a plan and a letter to the executive director of the players union. they agreed as part of a 2011 collective bargaining agreement that the players should be tested for hgh, but the two sides of that agreed. two seasons have been played without it. last weekend in new orleans, roger goodell was asked a number of questions including one on the issue of head injuries. here is more from last week. [video clip] >> i welcome the president's comments. we want to make sure people understand what we are doing to make our game safer, not just in the nfl but throughout sports. the changes we are making a in the nfl are changing all of sports. it is a better recognition of head injuries. of treat
>> let's talk about recent comments in canada, the u.s. ambassador to canada and find that more action by canada on climate change might make it easier for the president to approve keystone. how did you interpret those comments? >> i think it was another opportunity to talk about what we are doing. i believe for the president and for canada, it is both. you can actually improve energy security and in our neighborhood of north america and with vehicle emissions standards, coal plants standards, you will eventually see that in the united states. nobody is replacing a coal plant with coal again. they are replacing it with natural gas. it reduces emissions by 50%. i did not see that as a quid pro quo. when the secretary of state and our minister of foreign affairs met and had a press conference, they talked about both climate change and energy security. we talked about vehicle emissions standards. th minister talked about the action we've taken had the the united states on coal plants in canada. i closed down some coal plants. i thought it was good for our jurisdiction but i think e
their for twitter @cspanwj, then facebook.com/span, or email us a c-span.org. more off the lead in washington post -- on the line to tell us more about the story is sarah cliff. welcome to the program. guest: thank you for having me. host: why this opt-out? guest: the opt-out has been an area that has challenged the ministration for all but a week -- for over a year, trying to find a balance between reproductive health and also guaranteeing religious liberty. as to the wine now part -- they have promised since about a year ago, last february, they promised religious organizations and would come up with regulations that would find a middle ground. reason we're seeing it now is because i wanted to give companies a heads up about what the compromise would look like. host: what has been the response from supporters of the president? guest: supporters of the president are happy with it. it seems to guarantee widespread access to birth control, regardless of who your employer is. host: opponents of the president's plan and say what? guest: say it does not answer their problems, for two reasons. first, t
and efficiency. >> you used the word new poll which is a charge toward. >> if you look at the facts expenditure which comes up depending upon how you counter that over chilean dollars a year and you looked at what they are, look at things like the exemption of employer contributions to health care and mortgage interest deductions and iras and 401k and these are worthy charitable deductions come from a don't think most people think of those things as the polls. these are policy choices that we made, and then maybe the wrong policy choices, but nonetheless, they are not opposed to men that did nothing that is what fdr had in mind when you made that statement. now, there obviously are loopholes. we talked about carried interest , that should be capital gain on ordinary income for. many others that can be identified, and i think that certainly that is something that for the stake of perceived fairness for economic equity and so forth that we should be going after. i don't think it is beautiful. think it is just probably unfortunate that people think that you should do that and sell the budget probl
sibley has seen. he's joining us now on the telephone. i'm here as well as our meteorologist chad meyers. tell me us what you saw. >> i origin ally picked up the tornado as it moved out of marion county, mississippi. the tornado struck down hitting several homes and injuring several people. i tracked it into down. the tornado itself on the west side was larger than the eastern side. we've been able to go back and look at our video in the last couple of hours as the tornado moved through about 5, 10:00 p.m. central time. i didn't hear any sirens in west hattiesburg, they were loud and proud. also want to give a shout out to the local fire department. as the tornado was paralleling highway 98 and moving into the city, they were out there watching traffic to keep folks from driving into the tornado as well as police out on the int interstate. they had the interstate blocked. >> just amazing video. what type of damage have you seen in. >> the damage is telephone poles and power lines snapped off at the ground as well as windows blown in one side of the building and blown out the damage. ther
today. courtney reagan will be joining us with a preview in just a few minutes. then we'll bring you walmart's quarterly results the second they hit the tape. along with complete analysis and reaction from the street and, of course, you can't talk about the consumer without talking about energy prices. and rising gasoline costs at the pump, we've been watching everything that happens with oil prices moving higher. yesterday they actually sold off, but that is not much relief to those who have been paying higher price e at the pump for the last month. joining us in the next hour, oil man boone pickens. so the economy is at the top of the hour. andrew will get you up to speed on the day's other headlines. >> hedge fund manager david einhorn is taking his apple campaign directly to shareholders. he's going to be hosting a conference call today to argue the merits of distributing hedging preferred stock which, of course, is what this big debate is about. einhorn is battling and seeking an injunction next week to abolish a system for issuing preferred stock. i got a letter overnight from
. thousands of people are still without power. first energy ceo is talking to us exclusively about the impact of the past weekend's massive storm. >>> red hat is more than just an operating system. you will hear all about it from red hat's ceo first on fox business. >>> and competition for your wallet is heating up. a new app for the iphone. we have money gram's ceo coming up in a fox business exclusive. >> i'm cheryl casone. it is the last hour of trading. the countdown to the closing bell begins right now. liz claman is on assignment in cleveland where goldman sachs held its first graduation ceremony for entrepreneurs. fascinating stuff. you will hear about it in a few minutes. but first, to these markets, stocks are down, but trading at their best levels overall since november of 2007. the dow down almost 35 points as you can see on your screen. s&p losing ground as well, down a fraction. and the nasdaq down more than 7 points. we're going to watch it for you in the last hour of trading. there are some individual names we're looking at right now. these are some names that are hitting new h
reality hits us. we have a job to do. we have to take of the thing that is the most pressing on the front end, and, unfortunately, that's kind of the environment we are living in. and it was a very interesting panel, especially the last one, where i was hearing, there's nothing better than congressional staffers. actually talk to patients are going through the clinic. one of the things that, the reality that we suffer with, unfortunately and this is something we all have to deal with come is just the fiscal reality. as you rightly pointed out, it is right now the debate is about budget and at, people are can't figure out to control costs but also how to find actual savings that are scored by cbo. the congressional budget office gets a bad rap from a lot of people, but i'm a fan to have a very tough job to do. they always come out with answers that doesn't please one side or the other side, but trust me it's a very tough job that they have have had to do, and it's hard to please everyone in a town like washington, d.c. they try to do the best they can. i of fort a lot of respect to them. b
>>> welcome back. our guest host told us earlier, there's a list of stocks that will double -- you know, stocks that go up, and then time. everybody's going to double eventually, i would imagine, right? when are these going to double? >> if you go back to the nifty fifty of 1973, they were two times erjs. 1999 it didn't double. the economies will grow on a global basis, 3% plus inflation. >> how many have you got? >> i picked ten in baron's, those are available if anybody wants to go on the roundtable. two that are new that weren't there, one is a company that just announced last night the results, gencorp, they bought rocket dyne, and they're closing in on that. and that business, the basic manufacturing business which has short-term hiccups will earn 3 cents or 4 cents in the next few years. significant acreage in an area called sacramento, and real estate is booming. second one is a simple one, that's called legg mason which i announced yesterday. legg mason, 164 million shares, down to 128. every day they announce two-thirds of the cash flow is going to buy back stock. great ca
much for joining us this morning. >> thank you. >> and thank you, everybody, for joining us this morning. enjoy that long weekend. we will see you back here on tuesday. right now, it's time for squawk on the street. >> welcome, live from the new york stock exchange. jim cramer is off today. the u.s. session here, we just had empire state manufacturing crossing, turning positive for the first time since july. we see futures hugging the flat line pretty much. the s&p with a bias towards the green. in europe, the d-20 meeting is underway in moscow. your mixed bag as we have spain in the negative. japan's nikkei, that's one that's notable, dropping as yen strengthen for the fourth straight session. hang seng is wup and kospi is flat. >> our road map begins with a valentine that carl ichichan. it's the latest sell in the battle of the billionaires as the shorts feel the squeeze. >> apple emerges as the battleground stock with the likes of einhorn and tsiros and low, getting out. >> they are off the boat. passengers on the carnival triumph finally disembarked in mobile, alabama, b
and innovation, the highest honors bestowed by the u.s. government upon scientists, engineers, and inventors. you will have it for you later in our program schedule. at the white house, jay carney held his daily briefing, addressing a number of issues including a bombing at the u.s. embassy in turkey today. >> does the president considered the attack on our embassy in turkey to be a terrorist attack? >> that is an excellent question a suicide bombing on the perimeter of an embassy is by definition an act of terror, a terrorist attack. i think this is an incident that has just occurred and i don't want to get ahead of it, is being investigated. we strongly condemn what was a suicide attack against our embassy in ankara, which took place at the embassy's our security perimeter. details are still emerging about what exactly happened, who was responsible. it is clearly an act of terror. it caused -- cost hte life about least one individual, a turkish security guard. we are working with the turkish authorities to investigate the incident and bring the perpetrators to justice. our thoughts and prayers
already started to affect business decisions. so we've been reminded that while it's critical for us to cut wasteful spending, we can't just cut our way to prosperity. deep, indiscriminate cuts to things like education and training, energy and national security will cost us jobs, and it will slow down our recovery. it's not the right thing to do for the economy. it's not the right thing for folks who are out there still looking for work. and the good news is this doesn't have to happen. for all the drama and disagreements that we've had over the past few years, democrats and republicans have still been able to come together and cut the deficit by more than $2.5 trillion through a mix of spending cuts and higher rates on taxes for the wealthy. a balanced approach has achieved more than $2.5 trillion in deficit reduction. that's more than halfway towards the $4 trillion in deficit reduction that economists and elected officials from both parties believe is required to stabilize our debt. so we've made progress. and i still believe that we can finish the job with a balanced mix of spend
the numbers on the screen if you would like to participate in the conversation. you can contact us via social media as well on twitter or facebook. and e-mail. front page of the washington times this morning -- backs the "washington times small lead story this morning. should sequestration be allowed hrough?roopt that's our question. we begin with a democrat in georgia. caller: the democrats need to stay away from this. these people's ratings are so low. they should allow the sequester. this is the only way. obama and the democrats need to do everything they can to protect the social programs, medicare, social security. if they cut these programs, they are going to lose. let the republicans put these cuts on the table. on immigration, as far as the sequester, it will help. the democrats must no allow these people amnesty without giving african-americans amnesty who have misdemeanors who served their time. host: we are talking about sequestration during this first segment. thomas in texas on the republican line. should sequestration be allowed? caller: i don't feel that it is our best option,
said. but it is a clear path toward legal status. for those who are already in the u.s. working and paying taxes. it's a process for family reunification. it's a workable employment verification system with penalties for employers who knowingly hire people who are not in status. it is a reasonable enforcement, but i just want to say this and i want to invite congressman polis to react. we put about $18 billion into border stuff so far. i mean, one of the real things about comprehensive immigration reform is we hear people talk about the border, the border, the border. president obama has done tons on the border. for some of us too much. but the border issue is not the problem. the real problem is the other part. i yield to the gentleman from colorado to see if you have any thoughts about this matter. mr. polis: you know, another thing that's important for americans to understand about how 11 million people got here without paperwork and how this continues to occur is that more than half, more than half of the population that lives and works here illegally didn't sneak across a b
to a man whose wife is stuck on that ship. >>> north korea thumbing its nose at the u.s. and the international community by carrying out a new, more powerful nuclear test. is the first one under kim jong-un, press obama calls it a threat to u.s. security and world peace. the first indication of the underground test came when seismologists detected a tremor in an area not known for earthquakes. >>> in his state of the union speech tonight, president obama will announce 34,000 u.s. troops will be home from afghanistan by this time next year. jake tapper, the first to break the news after talking to sources who know about the president's speech. the move's going to cut the number of troops in afghanistan by more than half. troop reductions will continue through the end of next year. >>> so more than 4,000 people if you can imagine this, stuck on this cruise ship, disabled cruise ship. they are hot. they are hungry. they are holding their noses because toilets are overflowing. folks feeling desperate now. the ship is finally on the move. you have tugboats towing it to mobile
front coming down, bringing us rain tomorrow during the commute, the morning commute and then scattered showers in the afternoon. the temperatures are cooler, low-to-mid 50's and a chance of a last round of scattered showers friday morning, and friday afternoon we will have increasing sunshine and low-to-mid 50's and dry and brighter and warmer on saturday, mid-50's to 60. enjoy it. >> in san jose, we have a solo spinout first reported southbound 87 the ramp to southbound 85, right here, not blocking a lane but off on the shoulder. it could be a visual hazards. otherwise, just road work, 880 northbound between 23rd and broadway in lanes until 5:00 this morning. westbound dumbarton, road work until 5:00 this morning, and from embarcardero to shoreline boulevard, the right lane is blocked. the bay bridge toll plaza, it is light and no problems. >> it is 4:36. we are ready to witness the largest gathering of people in history. the local family preparing for the trip of a lifetime. >> he said, what? governor brown blasts a texas campaign to lure away california jobs. >> but, first, the tech
. >> many thanks. keep us updated. that live report from pretoria outside the courthouse where oscar pistorius will appear shortly. now to the rest of news. israel has confirmed for the first time it's simple in prison and australian-is really national under a false name after reporting the restrictions on the so-called prisoner x were lifted. the man later died in custody. now this report. parks israel has broken its silence on the case of the mysterious prisoner x, a man who purportedly had died in this prison. the government has confirmed it jailed a man with dual nationality under a false name. its statement says " a prisoner was an israeli citizen and also had foreign citizenship was jailed for security reasons. prisoner was held under a pseudonym, but his family was notified of the arrest immediately." >> it goes on to say the prisoners' rights were observed at all times but that he was found dead in his cell two years ago. australian tv says this is the man held prisoner. he reportedly held israeli and australian citizenship and used three different names. ben zygier, ben alle
will join us to talk business on and off the diamond coming up at 8:40 eastern time. >>> an interesting mix of topics in rotation today. first, let's get over to andrew with the top headlines. >> thanks. >>> boeing reportedly found a way to fix battery problems with its grounded 787. here's what's happening. involves increasing the space between cells in the battery. a source tells reuters the gaps between the cells were why there was overheating. we'll talk about that in a bit. >>> in other news on boeing, the company's engineers are split on a contract. the largest professional group approved the planemaker's latest contract offer. but members of a smaller technical union are rejecting it. both groups authorized the union to call a strike. the groups negotiate together. but the contracts are separate. so talks are set now to resume. and no work stoppage is expected. at least in the near term. >>> also in the news, the fbi says it's now looking into alleged insider trading in the options of heinz for its acquisition by berkshire hathaway and 3g capital. the sec filed suit against unknown t
from the world mobile congress in barcelona and will join us in the next couple of shows, just not today. we'll be in berlin for the super return conference. is dea-- is dealmaking back? we'll be there to find out. >>> plus, retail giants limited, target, tjix, and jcpenney set to report earnings today. we'll head out for a checkup and to find out how much of an impact hurricane sandy has made on profits. >>> it was a budget day in hong kong. we'll head out east to get all the data as the city's poised to enjoy a return to higher growth. >>> and we fly tout singapore to speak to the global head of trade at hspc who think that the face of trade is changing as more high-end products are due to be exported out of emerging markets. >>> bides all of that -- besides all of that, the focus is on the auction in italy. that will hit the tape in an hour and ten minutes. how much will italy have to pay for its political impasse? rome looking to sell between three and four billion euros of a ten-year issue. this was the six-month auction producing the most since 2012, up around 50 basis po
during the proceedings, no video. your pictures are it. can you show us some of the pictures? and here we have -- talk us through it. >> this is the attorney, i think was the day that he did really well with oscar. >> and this is oscar pistorius? >> this is oscar pistorius. this is the judge and now for the state. just full of media, trying to create emotion and an idea of what's actually happening in court. just chaos inside there. >> the strongest image you've got here showing the emotion on oscar pistorius, which picture would you have? >> this is the family i did today. this is his coach at the back. this is his father and the sister and brother. so that was important with this judgment to get them into a shot and trying to get emotion. but there was no -- >> a took a lot of time. we heard from the coach saying he's very concerned about his mental well,. wanted him to get back into training. there were moments when he was breaking down in tears in the courtroom. were you able to capture those? >> yes, and in the previous ones that we're not showing right now, i tried capturing it, but
joins us on the show. good morning to you. > >good morning. > >let's start with the united states. we have the sequestration question. what will it mean for traders today? > >here's what i'm thinking the sequestration thing will do--- in the long run, i'm not to worried about it. i think the market will still grow. i don't think it will have a tremendous impact on our gdp. but in the short term going up until friday when we see some sort of a decision one way or the other. if they don't look like they're coming to a resolution, the market is going to get a bit scared and you're probably gonna see a bit of a pullback. for two reasons---one the sequestration issue and secondly the markets rallied quite a bit. i won't be surprised to see somewhat of a pullback. > >across the pond, italy is wrapping up an important election that could be key in europe. what will that mean to trading? > >it's a little early to take any subtance out of it right now. i wanna see how this plays out and what impact it's gonna have on the eurozone if any and then we'll work from there. in the bigger picture, ag
. the policy of our country, foreign policy, all the instruments of power it that you use to frame a policy must be driven with some higher purpose. i mentioned purpose, we lost purpose. we have been about ricocheting crisis to crisis. there's no strategic thinking, hasn't been strategic thinking for a long time in our foreign policy. it is the point i keep making. so does dick lugar who is one of the most accomplished foreign policy thinkers in the country as i do joe biden, one of the best. they talked about this for years. you must frame a strategic context first and then you frame the policy to fit the strategic context, the national interest of your country. what john bose. millennium john's account. that was one of the more creative things we have done. it is bigger than that. until we get a president that does that, then is able to implement, by the way in partnership with the congress, doesn't mean the congress has to agree with everything but you can't treat article i of the constitution like it is an appendix, like it is a nuisance. if for no other reason you can't sustain a forei
transforms us and makes us new. this would be historical. the last time a pope resigned happened 600 years ago. that would be pope gregory iv in 1415. the very first pope to resign was pope clement in the year 101, 1,100 years ago roughly that the first pope resigned. many questions about whether popes in modern times think resignation is acceptable or not. pope benedict said, in fact, made it very clear that being able to resign was acceptable and made this part of the statement released from the vatican, both strength of mind and body is necessary, and lots of questions, of course. we know the date he would be stepping down, which would be february 28th. many questions about why now? mep notice that the pope is much more frail in recent months, and the question would be unbelie unbelievably unusual. let's go to nic robertson joining us by phone. nic, lots of questions. nic live in london this morning. a bit of a stunner. was there any indication that this resignation was coming? >> absolutely none whatsoever, and the last few months, the pope started a twitter account, not what you expec
the engines caught fire. a u.s. coast guard cutter is expected to lead to progress so mexico. carl says it has on board electricity to keep the passengers comfortable. it should reach progress of sometime wednesday. >> three people were killed in a helicopter crash while for filming for a discovery channel show in los angeles county. at an early yesterday at polls out rosette ranch in the city of acton. authorities say all three people died aboard the helicopter. the names of not been released. discovery channel and the show's production company have built release statements expressing their sympathy to the victims' families. selecting storm home improvement store after reports of someone who look like christopher dorner was there. mark is tracking that story. one of the baipeople door is accused of killing as a member of the women's basketball team she goes. plus watching bay area weather. h [ male announcer ] we began with the rx. ♪ then we turned the page, creating the rx hybrid. ♪ now we've turned the page again with the rx f sport. ♪ this is the next chapter for the rx and the next
just joined us from the city, and he is setting up. we welcome you, doug. dougie is all over the world. as such, he has lived quite a bit of time in japan himself. it's great to be with you tonight as well, doug. let's see. in terms of this whole notion of the book, by the way, a very modest title, banker to the world. when i heard of this, and i am a very close, personal friend of bill's, like everyone in this room is. and so when he was talking to me about this concept of what he wanted to write about to lessons of debt crises and all of this, i just knew that it was right in our sweet spot, what we needed to the will to do. so we were able to convince them. so no i'm not talking to you about this -- talking to you as his friend but his publisher. we had this decision. we were going to do this book, and we did. the ink was that even dry when henry kissinger came out and said, this is a must-read for anybody in any section at any level of the finance industry. no sooner did he do that than paul volcker came out and what to make a comment about how this is a must read. it is a must rea
the reason is, immigrants have different skill sets than the rest of us. they have, all of them offer high skilled on the high-end. a lot of and also very low skilled on the little and. most americans are in the middle. this is been sustained -- sustained throughout american history. whenever can't open borders with europe, we have rapid wage increases over time to combined with massive amount of immigration. even more so than we are hearing things today. today the only group of americans who possibly have seen decreases in their wages due to immigration are the group of people with, 25 years old with less than a high school degree. that's about 12% of the american workforce over the age of 25. i think there are better things we can do to help these people rather than closing of our labor markets and international flows. another issue that a lot of people are worried about is crime. care about this all the time, illegal immigrants or unauthorized immigrants make crime. but immigrants are on average far less likely to make a violent or property crime than nativeborn americans. th
to confirm, a, that the body inside that cabin is christopher dorner. tell us how soon we'll know that confirmation, and walk us through what you think happened in the last final hours before that cabin burned down. >> reporter: yeah, they're going to have to go through forensic tests to confirm 100%, but we are quite certain it is mr. dorner. every official we speak to on or off the record is saying it is mr. dorner in there. there are local reports here in big bear that they found the license of mr. dorner in that cabin, as well. we also had it quite early on last night from federal officials that it was, in fact, mr. dorner, as well. so i think there is a sigh of relief, at least across san bernardino that has ramped down its man hunt for christopher dorner. they've taken down all road blocks, they did last night, it's very clear they do believe it is -- they have their man at this point. we probably won't know for perhaps some hours, perhaps days as to whether or not it is. really depends on whether they can get dental records for him and confirm it that way. >> and miguel, re
in forestville, 11 miles northwest of santa rosa. cornell bernard joins us live. >> highway 116 where the bodies of three men are still inside the rural cabin. the sheriff is not saying much about the crime. it has been 20 years since a triple homicide has happened here. we were over the property where deputies say a man found his brother and two others tuesday shot in a back bedroom of the house. all were shot. the killings have stunned neighbors. the crime does not appear to be random. >> trying to understand there was a shooting. i heard that from a friend. beyond that, we do not know. >> there was no struggle and they died of gunshot wounds. >> execution-style shots? >> i will not discuss. >> murder-suicide? >> it is not murder-suicide. >> no victims had any criminal history. they believe the killer or killers targeted the victims but a motive this morning is not known. the coroner will arrive at the home at day break. >> there is developing news in the investigation into the 1984 disappearance of kevin collins. san francisco police are holding a news conference this afternoon that could cen
certainly regards israel as a true and natural u.s. ally." in another quote, he said, "i know hagel personally. i think he believes in the relationship and the natural partnership between israel and the united states." here is an israeli patriot who has spent a great deal of time devoted to the relationship with the united states of israel who understand, in his words, and concludes that chuck hagel regards israel as a true and natural u.s. ally and will act accordingly. he is a dedicated patriot. he is an individual who has served this country in so many different ways and i support his nomination, urge my colleagues to do the same. i think, too, it's important to state that this nomination, as we've done with every secretary of defense for decades, deserves an up-or-down vote on the floor of the united states senate. people may choose to cast a vote against him for many reasons. that's the prerogative of a senator. but i strongly believe that if we want to stay true to the traditions of this body and to the presumption that the president should be at least allowed to have his nomi
by colleagues is with me, doug peterson, who just joined us from citi, and he is heading up standard & poor's ratings, and we welcome you, doug. and doug has lived with citi all over the world and as such as lived quite a bit of time in japan itself. so it's great to be with you tonight as well, doug. let's see, in terms of this whole notion of the book, you know, by the way, it's a very modest title, banker to the world. [laughter] you know, when i heard of this -- and i'm a very close personal friend of bill's, like everybody in this room is, and so when testifies talking to me about this -- when he was talking to me about this concept of what he wanted to write about, lessons of debt cry cease and all of this, i just knew that it was right in our sweet spot in what we needed to be able to do. so we were able to convince him, and so now i'm not talking to you as his friend, i'm talking to you as his publisher. [laughter] and we had this decision, you know, we were going to do this book, and we kid. and we did. now, the ink wasn't even dry on this book when henry kissinger came out and sai
billion u.s., ten trillion yen, 2.2% of gdp. a lot of that would go to infrastructure, a lot to the north to the earthquake area, but, of course, we've seen 14 such packages since the late 1990s. and this one has to be different. and also he's pressing the bank of japan. last time i was here was to introduce governor shirakawa several years ago who i think is a very good governor of one of the major central banks in the world, pressing him to put in more monetary stimulus which i think is necessary. but i, one of the points that was made right in this room several years ago by governor shirakawa, and i've been with him three times in the last two months, is, you know, monetary and fiscal stimulus aren't enough n. the case of japan, you need major deregulation. i think major structural reforms, deregulation in the service area. so, hopefully, that'll all flow into the package of the new prime minister. certainly, a tough job -- it's a tough job, but this is the world's third largest economy, and if we don't get japan moving with some of the other problems with europe, etc., i think the wor
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